Jamaica (1758) 3 shilling 3 pence
The island of Jamaica was captured by the British in 1655, and formally ceded to them in 1670 by the Treaty of Madrid. Foreign silver abounded in this colony rich in sugar and wealth pirated offshore. In 1758 the Jamaican legislature authorized the countermarking of all denominations of Spanish colonial pillar reales, mostly from Mexico City and Lima. The countermark consists of the letters GR (Georgius Rex). Effort appears to have been made to center the counterstamps, but did not always succeed.
This example was lot 24460 at the 2011 April Rosemont Signature World & Ancient Coins CICF Auction #3014 by Heritage Auctions and sold on Apr 18, 2011 for $2185. the catalog description reads: "British Administration. 3 Shilling 4 Pence (1758), F15 NGC, clearly undergraded as both the host coin and counterstamp are VF or better. Nicely toned and original, rare denomination. GR countermarks on a Mexico 4 Reales 1758-MM. Acquired privately in 1986 from I. Rudman."
Recorded mintage: unknown.
Specification: 13 g of 0.917 fine silver.
Catalog reference: Pr-5, KM 7.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Byrne, Ray, Coins, Tokens, & Medals from the West Indies, Jess Peters, Inc, auction catalog - Sale #78, June 13-15, 1975.